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Chinese rapeseed meal futures fell to a three-week low after Canadian PM Justin Trudeau announced plans to resign, raising hopes that trade tensions with Beijing might ease. Chinese rapeseed meal remains in oversupply, and the anti-dumping probe continues.
Expectations of a softer China-Canada trade dispute reduced China's rapeseed meal prices, and any renewed escalation would likely reverse this and support Canadian meal prices.
agcanada.comAGCanadaJan 7, 2025Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
